Adapt tax reports to new requirements in Spain | Feature requests (public)

Adapt tax reports to new requirements in Spain

complete

Vocational Ant

Tax reports not cover new Spanish laws requirements. Operations must be split by source token and type of destination (virtual coin, fiat, another virtual active and product or service) We need new report like CoinTracking made available for its customers yesterday.

April 14, 2023

Subtle Xerinae

What has changed? I am comparing previous update report and after update report and I see exactly the same.

Petur

Subtle Xerinae: 
Hi Benito,
We have not made any changes but we have created a new report called 'Spain Capital Gain Summary' that you can generate to see this info

Vocational Ant

Petur: Report is near to be what we need, but cases like "that was traded for other crypto or NFTs" must be splitted in "thas was traded for other crypto" and "thas was traded for other virtual assets like NFTs"

Petur

Vocational Ant: 
Hi,
Our team seems to think that it is not strictly necessary to separate these two categories but to be on the safe side, we will just add this change. 
ETA is Tuesday but I can let you know once the change has been released

Vocational Ant

Petur: Thanks Petur! I really appreciate your work in order to adjust report with new detail requested by the Spanish tax agency.

Petur

Vocational Ant:

We have now launched the updated version :)

Vocational Ant

Petur: Hi Petur, it seems now report splits between tokens and NFTs but not identify correctly tokens NFTxx (placeholders) used to represent NFTs that Koinly not import automatically (like Hedera NFTs).
Actually shows this NFTXX like tokens in report when they must be in "was traded for NFTs" section.
It´s about this NFTs:
https://help.koinly.io/en/articles/5742771-how-to-add-nft-trades-manually-using-placeholders
Regards

Petur

Vocational Ant: 
Hi,
Sorry for the delay but these placeholder tokens have now been changed to NFTs internally :)

Vocational Ant

Petur: All OK, thanks!!

This post was marked as

complete

Vocational Ant

Report is near to be what we need, but cases like "that was traded for other crypto or NFTs" must be splitted in "thas was traded for other crypto" and "thas was traded for other virtual assets like NFTs"

This post was marked as

complete

Subtle Xerinae

This is a critical issue and should be resolved as soon as possible for spanish users since the date to file tax reports is more or less one month from now.

Petur

Merged in a post:

Spanish Tax Laws: Show breakdown of profits/losses per token

Familiar Impala

It appears that Spain is updating the way in which users will need to report their profits/losses.

They will need to show profits/losses per token, as well as other information.

April 25, 2023

Presidential Raccoon

Thanks for creating this request. I'm Spanish and need it :)

Petur

marked this post as

in progress

Maroon Ostrich

Can you please elaborate? I’m from Spain and have no idea what you’re talking about lol

Experimental Kite

New requirements apply retroactively, or for the 2023 tax season?

Vocational Ant

Experimental Kite: Apply from 2022